When you're providing liquidity on a DEX, the real game isn't about token appreciation—it's about flow. LPs make money through what actually happens on-chain, not price movements.

Here's what actually drives your returns:

Trading volume keeps things moving. Every swap that flows through your pool generates fees, and that's immediate income regardless of where tokens are headed.

Liquidations are the high-impact moments. When positions get liquidated, the price action accelerates and trading intensity spikes—your capital gets more work done.

Capital efficiency matters most. How hard your assets are working, how fast they're cycling through trades, that's the real multiplier. Stagnant capital makes nothing.

Stop thinking like a hodler. The LP game is about monitoring flow mechanics and capital deployment, not crossing your fingers for a bull run.